BowTie · Risk Management Portal · SaaS

Understand risks.
Separate causes and consequences.
Generate management dashboard.

Risk management is barrier management. Barrier management is task management.
The BowTie risk management portal makes risks controllable: threats, risks, and consequences are clearly separated. Barriers are managed as concrete tasks with owners, deadlines, status, and effectiveness. Risk scores indicate which risks are material. This turns individual BowTie models into a reliable enterprise-wide management dashboard.

Concept by project biz · developed by factory · operated as a SaaS solution

Why BowTie?
Structure – Threat, risk, and consequence are clearly separated.
🔍
Transparency – Causes, consequences, and countermeasures are made visible.
🛡
ControlBarriers are deliberately planned, assessed, and tracked.
💰
Cost-effectiveness – Effort, benefit, and risk score are made comparable.
🗺
Management dashboard – Risks are consolidated into decision-ready management information.

Read detailed explanation

Separate causes and consequences

The BowTie structure consistently separates: what triggers a risk, what results from it, and which barrier works where. This creates clarity that Excel-based lists cannot provide.

Risk scores calculation

Threat level, consequence costs, mitigation effort, and benefit perspective are combined into a calculated risk score – forming the basis for transparent budgeting decisions.

A unified management dashboard for all risks

Business risks, process risks, IT risks, and supplier risks – all consolidated into an aggregated management dashboard for management and stakeholders.

USP · Your key advantage

Not just visualizing risks.
Make barriers effective.

Classical BowTie analyses illustrate relationships. The BowTie portal goes further: each barrier becomes a controllable action – with an owner, due date, status, costs, effectiveness, and approval. This turns risk management into an operational discipline: risks are not only assessed, but actively reduced.

Included: Migration of your existing Excel risk registers and adaptation to BowTie modelling in the portal – ensuring that existing Excel risk lists are not lost, but transformed into controllable BowTie models.

BowTie-Modell

Structure threats, risks, consequences, and barriers in a systematic way.

⚙️
Operational barrier management

Each action is assigned an owner, due date, status, and approval.

📂
Migration inclusive

Excel risk registers are migrated and transformed into BowTie models.

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Direct contact

+49 211 38732154 · Dr. Manfred Fitzner · factory

BowTie methodology · pragmatically adapted

The logic of the BowTie model

Each risk is modelled as a chain of relationships: what triggers it, what it causes if it occurs, and which barriers act in between. This transforms an abstract risk list into a controllable model with accountability, cost relevance, and clear management insight.

Barrier, so that The threat is minimized Barrier, so that The impact is minimized Threat 1 Threat 2 Threat 3 Threat 4 Threat 5 Risk Top Event (central) Consequence 1 Consequence 2 Consequence 3 Threat Preventive barrier Risk / Top Event Reactive barrier Consequence
Methodology
Threats – 10 dimensions

Organizational, technical, legal, personnel, IT, partners, natural hazards, misconduct, financial – all sources of threats are systematically captured. Expandable online.

Methodology
Consequences – 14 types

Liability claims, reputational damage, inability to deliver, quality loss, customer loss, contract breaches, and more – systematically assess cost impacts per type. Expandable online.

Methodology
Risk inventory – when & what

New laws, new technologies, new partners, and new threat landscapes change the risk profile. The risk inventory systematically checks whether the current risk picture is still up to date. Expandable online.

Preventive barriers (left of the risk)
Threat prevent
→ Reduce the impact of the threat on the risk
Estimate costs for implementing the barriers
Reactive barriers (right of the risk)
Consequence prevention
→ Reduce the impact of the consequence
Estimate costs for implementing the barriers
USP · What makes the platform unique

Risk management across organizational boundaries

Suppliers bring their own risks through products, services, and dependencies. Partners introduce interdependencies. Processes connect departments. The BowTie portal models all of this in a single system – and consolidates it into one unified management dashboard.

🌐

Enterprise-wide management dashboard

Business risks, process risks, IT risks, asset risks, supplier risks – all risk dimensions are consolidated into a single aggregated dashboard. Management sees the overall risk at a glance.

USP · Unique overview
🔗

Integrated supplier risk management

Suppliers introduce risks. The platform captures these as full BowTie models – using the same structure for threats, barriers, consequences, and risk scores as internal risks.

USP · Supply chain visibility
💰

Cost transparency in risk management

Threat exposure, consequence costs, mitigation costs, and benefit perspectives are calculated. Risk mitigation budgets become transparent and justifiable. Costs and benefits of barriers are comparable.

USP · Decision-ready
⚙️

Operational task management

Barriers and measures are assigned owners, deadlines, status, and approvals. Risk management runs as a continuous control process – with reminders, alerts, and escalations.

Monitoring · Tracking
👥

Clear roles and accountability

Executives, risk managers, business unit leaders, risk owners, and risk teams work in one system. Responsibilities are visible and delegations are traceable.

Roles · Governance
📋

Replace Excel lists

Instead of isolated spreadsheet entries, traceable BowTie models are created. Relationships between threats, consequences, barriers, and costs become visible, analyzable, and reportable.

Migration from Excel
Management value

Answers to the questions that matter

The portal consolidates individual risks into a reliable management dashboard. Management, executives, and supervisory boards receive clear answers.

Which risks are material?

For each risk, threat landscapes, consequences, and potential cost impacts are aggregated and visualized in the dashboard. This allows management to identify material risks across departments and processes.

⚖️
Where should we invest?

Effort, benefit, and impact of each barrier are evaluated. Budgets become justifiable. Measures with the highest contribution to risk reduction become visible.

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How is the overall risk evolving?

Comparable reports show how the risk profile develops – and provide evidence that risks are being actively managed.

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When is action required?

Risk alerts, thresholds, and escalations are configurable. The system provides proactive notifications – before a risk becomes an incident. New threat landscapes are systematically assessed through a risk inventory.

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Risk capacity assurance

The management controls the overall risk situation. The key question is whether the total risk exposure still fits the company's risk capacity. The dashboard shows risk buffers, warning thresholds, and required actions at a glance.

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Compliance – proof that matters

The risk manager is formally appointed and documented. Required qualifications are stored in a verifiable way. Risk management is a management responsibility – the BowTie portal documents roles, qualifications, and appointments in an audit-ready format.

Concrete requirements · platform answers

What organizations demand – and how the BowTie portal responds

📋 Requirement
“We have risk lists in Excel. Will these be adopted?”
✓ Portal answer

Yes, they are migrated and integrated into the model.
BowTie models show relationships: threats, risk, consequences, and barriers in a single view. What used to be a single row becomes a traceable model with context, accountability, and cost relevance.

Excel migration BowTie model
💰 Requirement
“How does BowTie-biz support cost optimization in risk management?”
✓ Portal answer

For each barrier, effort, impact, and benefit are evaluated. The risk score is calculated from threat exposure and potential consequence costs. This makes it visible which measures deliver the greatest impact – and what happens if a barrier is missing.

Risk score Cost-benefit Budget clarity
🌐 Requirement
“How does BowTie-biz make supplier risks visible and manageable?”
✓ Portal answer

Supplier risks are captured as full BowTie models – including threats, consequences, barriers, and risk scores. They are integrated into the enterprise-wide dashboard. Dependencies become visible and manageable.

Supplier risks Third-party risk Dashboard
📊 Requirement
“What information does top management receive for risk steering?”
✓ Portal answer

BowTie-biz provides a management dashboard that is also accessible on mobile devices. The aggregated management dashboard consolidates all individual risks into a single view: risk scores, threat landscapes, mitigation status, alerts, and priorities – accessible for management, risk teams, and business units alike.

Dashboard Reporting Mobile access Management view
Risk management software · SaaS solution

Risk management software instead of Excel risk registers

Many organizations still manage risks in Excel spreadsheets. This works for an initial collection, but not for effective control. The BowTie portal combines risk registers, the BowTie methodology, action management, and a management dashboard in one SaaS solution. This makes threats, consequences, barriers, responsibilities, and risk scores transparent, traceable, and actionable.

📋

Replace risk registers

Isolated list entries are transformed into interconnected BowTie models – with threats, consequences, and controllable barriers instead of plain spreadsheet rows.

🏢

Enterprise risk management

Business, process, technical, supplier, and regulatory risks are consolidated into an enterprise-wide management dashboard – for executives, compliance, and supervisory boards.

🔒

Internal control system (ICS)

Barriers are documented as controls, assigned to responsible owners, and tracked in status – making ICS compliance verifiable. Risk management and control management in one system.

Frequently asked questions

Questions about the BowTie risk management portal

What is the BowTie method and why is it better than a risk register?

The BowTie method models risks as a structure: on the left are the threats that trigger a risk, in the center is the risk event, and on the right are the potential consequences. Barriers act in between. A risk register captures risks in isolation. The BowTie model makes causes, effects, and countermeasures visible – and therefore actionable.

Who is the BowTie portal suitable for?

The portal is designed for executives, risk managers, risk owners, business units, as well as compliance, IT, and asset management professionals. It is particularly suitable for organizations that want to systematically manage risks arising from processes, technology, suppliers, personnel, and regulatory requirements.

How are supplier risks included?

Supplier risks are captured as full BowTie models – using the same structure as internal risks. They are integrated into the enterprise-wide dashboard, making dependencies on suppliers, products, and services visible and manageable.

Who designed and developed the platform?

The methodology and conceptual framework were developed by the consultancy project biz. The technical implementation as a SaaS platform was carried out by factory – the software division of pbf project business factory GmbH.

Replace Excel risk registers – view the portal live.

We demonstrate how the BowTie portal structures your risks, migrates your existing Excel lists, and consolidates them into a reliable management dashboard – in a free 15-minute introductory call.

📞 +49 211 38732154  ·  ftm@factory-biz.de

View portal live 📞 +49 211 38732154